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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Rod Currie who wrote (6701)	7/15/1998 7:39:00 AM
From: Richard Mazzarella	Respond to of 14226

Rod, unfortunately GPGI is a product of the current desert dirt environment. Lot's of GPGI promises over the years, another dirt with chickens that never roosted, and even one that never showed an assay from the playa after 2 years keeps the market skeptical. Usually the greatest appreciation for speculative stocks is during the speculation phase. IMO that phase has been dampened for GPGI. We at least now have a valuation phase since production is at hand. That isn't good for speculators, but maybe very good for people that want a more secure investment. I expect that the "metals" press (letter writers, et al.) will begin to renew interest as GPGI shows capability. There still are issues about ore homogeneity, but I think that the market will minimize concern there because of all the additional property available as a hedge. GPGI may even renew speculation in the other dirt's, not bad.

To: Rod Currie who wrote (6701)	7/15/1998 8:15:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 14226

Rod, I am afraid that speculative fevers are going to be tampered by the last two years fiasco in the sector. The market may actually want to see "audited" quarterly reports in which the current production rates are expressed. After all, we are post the BRE-X, Delgratia and IPMCF era. The first time I got into this stoc, it run from under 1 to 3 in a matter of a week or so. I do not see that happening again that rapidly, thus people will have enough time to cogitate and verify each step of the way. Zeev